Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Fresno mortgage calculator
A median-priced Fresno, CA home at 6.75% over 30 years, with California property tax of 0.71% and $1,600 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$3,087 a month, all in
Principal and interest are $2,520; escrow and PMI add the rest. Over the full term the loan costs $518,729 in interest. Discounted at 5%, buying here has a net present value of $118,823 ($418,166 in today’s dollars).
Within California, Fresno is 11th of the 12 California markets covered here, between San Jose at the top and Bakersfield at the bottom of a 3.96x spread. A state-level median hides most of that.
Fresno is cheaper than California as a whole — $431,750 against a state median of $785,000, roughly 45% below. On a 20% deposit that is $70,650 less to find up front.
Rents here are high relative to prices — a rent index of 0.72 against a price index of 0.55. That combination favours buying sooner, because the payment you avoid is larger relative to the price you pay.
Monthly cost in Fresno vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $431,750 |
|---|---|
| Down payment (10%) | $43,175 |
| Loan amount | $388,575 |
| Principal & interest | $2,520/mo |
| Property tax (0.71%) | $255/mo |
| Homeowners insurance | $133/mo |
| PMI while above 80% LTV | $178/mo |
| Total monthly payment | $3,087/mo |
| Comparable rent | $2,088/mo |
What a rate move does to the Fresno payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $2,206/mo |
| 6% | $2,330/mo |
| 6.5% | $2,456/mo |
| 7% | $2,585/mo |
| 7.5% | $2,717/mo |
| 8% | $2,851/mo |
Rent or buy in Fresno?
Against $2,088 a month in rent, over 7 years renting leaves you about $41,858 better off — $35,213 once 2.5% inflation is stripped out. See the California rent-vs-buy page.
Where these numbers come from
California medians come from editorial and are refreshed weekly. The Fresno figures index those state medians to the local market, so they track the same feed rather than going stale. Insurance and the state income tax rate are editorial. Treat everything here as a planning estimate, not a quote.